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Belarus Prepared to Assist in Increasing Refrigerator Production in Azerbaijan

Business Materials 29 March 2007 12:25 (UTC +04:00)

Azerbaijan, Baku / corr. Trend I.Khalilova / Sergey Sidorskiy, the Belarus Prime Minister who is currently visiting Baku, stated that the Governments of Azerbaijan and Belarus agreed upon the establishment of a Trade House and a Culture Center. The Belarus Government is prepared to invest some $30-50mln in 2007 in this project.

Belarus continued its talks regarding the production of 300,000 refrigerators a year at the Cinar plant. This proposal was first made last year. Sidorskiy stressed that the Azerbaijani Prime Minister, Artur Rasizade, has given specific instructions regarding this issue.

Rasizade found this proposal to be interesting as even after the privatization of Cinar, there was no production activity taking place within this enterprise. "Whereas this company only produced 12,000-13,000 refrigerators a year, the Public Budget would now like to receive taxes from 300,000,"the Prime Minister stressed. Rasizade found this proposal to be interesting as even after the privatization of Cinar, there was no production activity taking place within this enterprise. "Whereas this company only produced 12,000-13,000 refrigerators a year, the Public Budget would now like to receive taxes from 300,000,"the Prime Minister stressed.

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